Yes !! we are all market timer, to some extent. Listen to below video from Prof Aswath Damodaran on how he explains investors using asset allocation to time the market, without we realizing it sometimes.
We fully understand that nobody can exactly predict the stock’s price movement but that doesn’t stop many from trying to do so, continuously and relentlessly, on a daily basis a.k.a day trading for stocks. We also knew that “time in the market “ is important base on the long term “compounding effect” and we don’t try to guess when the stock’s price is at its lowest or its highest point, basically we buy base on fundamental.
So what makes you think that we are all market timer?
Market Timing - Dreaming The Impossible Dream? < By Prof. Aswath Damodaran>
<Video credit to Prof Aswath Damodaran>
Of course, we know that stock prices are unpredictable and are impossible to make money from the day trading by predicting the price movement, in the long run....